Technical Confluences: - Price action has bounced off the Demand Zone and a Short-Term Trendline - Price action seems to be strongly supported at these levels for now - Few Interest Zones above the current price action and will need to see a proper break above that to go above the 100% Fibo Extension Fundamental Confluences: - Disney has a strong moat in the...
Historical Performance: Over the years, Disney's stock has shown long-term growth and has been considered a stable investment for many shareholders. However, it's important to note that past performance is not indicative of future results, and the stock market can be subject to fluctuations and risks. With all of its attractions and streaming products disney will...
Disney is hitting a trendline from 1998 and 2020, it's chart VS SPX looks amazing and longterm bullish here, at $88 and target is wherever the top of the megaphone lands, maybe $360 if I had to guess, cheers!
NYSE:DIS We saw a good amount of call options on Disney with a target of 105 for expiration in May 2023. I think the stock can also be an interesting longterm investment. DIS has a particularly unique and powerful economic moat. Disney, is of course, known for its media franchises, studio capabilities, parks and direct to consumer streaming app,...
📈 What’s up investors! 📉 Welcome back to another one of 💡“Mike’s Ideas”.💡 I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy”. Follow for more ideas in the future!! I have 4 levels marked and colour coded on the Chart. These levels are: ⚪ White = Entry Point 🔴 Red =...
Hitting trendline support from 1998, hitting a trendline that also marked the March 2020 bottom. Lines up with my outlook that equities, housing and crypto have bottomed if it holds.
Walt Disney - 30d expiry - We look to Buy a break of 102.11 (stop at 97.88) We are trading at oversold extremes. A break of the recent high at 101.50 should result in a further move higher. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least...
Disney has come out on top from its competition with Netflix in the movie streaming industry. Q2 was a pleasant surprise for investors of Wall Street, and as the economy is recovering because of the large amounts of capital movement from Europe to the US, Q3 is likely to have a positive uplook. Retaliatory spending by consumers on theme parks and Disney+...
Something big coming to Disney here I think. At a great retracement, capitulation selling, diagonal support. Looks like a clear wave 2 down off the March 2020 lows, ignore the news this should get to 300's.
Two weeks ago you could have bough DIS at the October 2020 level. What an opportunity that was, with one year and 4 months gains washed away. But now they reported a strong Q1 earnings: earnings of $1.06 per share vs 57 cents in the Zacks consensus revenues of $21.8 billion vs $21.2 billion analysts expectations Disney+ subscriber numbers: 129.8 million vs 125.8...
There is a wolfe wave setup on thed daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 189 with potential psych 200 tgt. These targets are expected before March 10, 2021.
DIS 4HR TF Dip Buy: 170-175 Breakout: 181 Target: 190 by end of July, 200+ eoy
Possible SHS formation. Maybe there is an 8% bullish bounce to form the symmetry of the right shoulder and then
$DIS 4HR Chart ... FA & TA After a stunning growth in Disney's Disney+ subscription, surpassing just over 100 Million subscribers from its 2019 launch, what more does Disney have in-store? It is evident with vaccines rolling out and states changing public health & safety mandates, people are itching to get out and enjoy in-person activities. This has caused...
A second wind is apparent at the top of the second scallop (curve in yellow) This may push the price to the previous rejection point in red Really does look like an appetizing long from here The 200MA demonstrates this second wind
As vaccines continue to roll out and talks on potential shutdowns to come, entertainment stocks continue to rally. Overall Im still bullish on Disney. News Recently announced operating hours through out now to March. and as Cinema stocks continue to get bashed with this pandemic, Dis streaming service continues to grow. Post pandemic world will be very optimistic...
Disney has broke the rising support line. Buying zones are posted. Lets buy it here and hold it for long term.